Seoul Archives | Be Korea-savvy
16th Annual Korean International Art Fair Brings in Record Sales

16th Annual Korean International Art Fair Brings in Record Sales

SEOUL, Sept. 25 (Korea Bizwire) — Korea’s biggest art fair reported record sales this year, attesting to an expanding domestic market and a growing interest among collectors in Korean artists, the organizer said Monday. The 16th annual Korean International Art Fair (KIAF), held Sept. 20-24 at the Convention and Exhibition Center (COEX) in southern Seoul, [...]

Royal Palace Walking Path in Central Seoul Opens Up to Public After 60 years

Royal Palace Walking Path in Central Seoul Opens Up to Public After 60 years

SEOUL, Sept. 21 (Korea Bizwire) — About 100 years after the death of King Gojong, the penultimate ruler of Korea’s last kingdom of Joseon, his royal residence, Deoksu Palace, provides a rare scenic retreat for modern Koreans at the very bustling heart of the capital Seoul. A 1.1-kilometer stone-paved path along the stone wall that [...]

Seoul Charging Ahead as Carmakers Go Electric

Seoul Charging Ahead as Carmakers Go Electric

SEOUL, Sept. 15 (Korea Bizwire) — South Korea is speeding up its efforts to expand charging infrastructure for electric vehicles (EVs), as global carmakers’ unveiled road maps for electrification at this year’s Frankfurt Motor Show, industry watchers said Friday. The government is planning to increase the number of fast-charging stations to 3,000 across the country [...]

Government-Funded Startups Vulnerable, but Show Promise

Government-Funded Startups Vulnerable, but Show Promise

SEOUL, Sept. 8 (Korea Bizwire) – Government funding for startups is bearing fruit after a report released on August 9 by the Korea Institute of Startup and Entrepreneurship Development and the Ministry of SMEs and Startups revealed that government-sponsored startups had hiring increases that were five to six times higher than at small and medium-sized [...]

Seoul’s Biggest Shopping District Struggles to Survive, but Most Koreans Don’t Care

Seoul’s Biggest Shopping District Struggles to Survive, but Most Koreans Don’t Care

SEOUL, Sept. 1 (Korea Bizwire) — Hit by the absence of Chinese tourists over South Korea’s deployment of a politically charged THAAD missile defense system, the future of Seoul’s iconic Myeongdong neighborhood is now shrouded in uncertainty. Reports of the economic damage caused by the lack of Chinese tourists on Myeongdong, a busy shopping district [...]